“It’s going to become harder and harder to find those types of items, especially that are iconic to his career.” They just don’t exist,” says Bobby Livingston, the executive vice president of public relations at RR Auction. “His career and life was so short that there isn’t a lot of Kurt-owned material or guitars out there. With precious few Cobain items out there, collectors tend to rely on acts of flukish generosity-like Love passing out his clothing at the 1994 vigil. While he filled notebooks with writing and made countless pieces of quirky visual art, most of it remains privately owned. Like Marilyn Monroe’s, Jimi Hendrix’s, and Tupac Shakur’s, Cobain’s life and career spanned the course of a few explosive years, leaving a small amount of wildly collectible items in the world. In 2014, Cobain’s estate was estimated at $450 million. Not to mention Nirvana’s publishing rights, a large portion of which was purchased from Love’s estate by Primary Wave’s Larry Mestel in 2006 for an estimated $50 million before the company divested its interest as part of a $150 million deal with BMG. This includes music and design licensing, stray clothes, and instruments, and film and book deals. (As of Tuesday, the cardigan had already drawn a bid of $200,000.)Ĭobain was named the highest-paid dead celebrity of 2006 by Forbes and is still in the most profitable echelon of late rock stars. This Friday and Saturday, Cobain’s MTV Unplugged cardigan and one of his custom-built Fender Mustangs will hit the auction block once again for Julien Live’s Icons and Idols auction taken together, the items could command over half a million dollars. Julien, the founder, president, and chief executive officer of Julien’s Auctions presides over many offbeat Cobain sales, including a sodden pizza plate-turned setlist that sold for $22,400 after being estimated at only $1,000 or $2,000. In 2019, the Kurt Cobain business is big business. ![]() In 1991, the cover of Nirvana’s major-label debut, Nevermind, satirically depicted a baby chasing a dollar bill on a fishhook. The most reticent of rock stars-one who agonized about his artistic truth being fed into the thresher of corporatism-now commands his own economy from beyond the grave. “Julien’s Auctions is honored to offer this spectacular collection … from the 20th century’s greatest artists whose iconic pieces have earned their place in the annals of rock history and pop culture,” said Darren Julien, president and chief executive officer of Julien’s Auctions in a statement.“Courtney couldn’t have realized that the value of these things would be worth what they are today,” Darren Julien, who is running that auction, tells Fortune. It’s the first time the archive has been opened in more than 50 years, according to the auction company. The two-day event, scheduled for October 25 and 26, will have an exclusive collection from Janis Joplin and Big Brother & the Holding Company’s archive from its appearance at the 1967 Monterey Pop Festival. It is estimated to sell for between $10,000 and $20,000. Michael Jackson’s custom velvet jacket that he wore to Elizabeth Taylor’s 65th birthday party and the premiere of his “Ghosts” film will be on the block. But Bruce Springsteen’s handwritten lyrics to “Glory Road,” which was later renamed to “Born to Run,” and shares some of the same lyrics, is estimated to sell for $80,000-$100,000. Handwritten lyrics to Eric Clapton’s “Layla” are estimated at $50,000-$70,000. It is believed that between six and nine of these prototypes were made and given to musicians, including George Harrison, who used his during the Beatles 1969 rooftop concert. The action will include items such as Presley’s 1968 prototype solid rosewood Fender Telecaster electric guitar, which was the very first prototype of the model made by Fender’s Custom Shop. ![]() ABC Television/Walt Disney Television/Getty Images ![]() The custom velvet jacket that Michael Jackson wore to Elizabeth Taylor's 65th birthday party in 1997 will be up for auction.
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